13-16-3. General fund defined.
The general fund of the school district is a fund provided by law to meet all the operational costs of the school district, excluding capital outlay fund and special education fund expenditures pursuant to §13-13-37, and to redeem all outstanding warrants against the general fund. Notwithstanding the provisions of §13-16-6, the general fund may be used to purchase or lease computer hardware and software. The general fund may be used to support a technical college and other career and technical education purposes.
Source: SL 1955, ch 41, ch 10, §2; SDC Supp. 1960, §15.2202; SL 1963, ch 74, §2; SL 1964, ch 40; SL 1975, ch 128, §101; SL 1987, ch 135, §3; SL 1989, ch 146, §2; SL 2003, ch 96, §2; SL 2008, ch 80, §1; SL 2014, ch 93, §3, eff. Mar. 28, 2014; SL 2020, ch 61, § 39.
Structure South Dakota Codified Laws
Chapter 16 - School District Funds And Accounts
Section 13-16-1 - Sources of school district funds.
Section 13-16-2 - Funds to comport with generally accepted accounting principles.
Section 13-16-3 - General fund defined.
Section 13-16-6 - Capital outlay fund--Definition--Uses--Levy.
Section 13-16-6.2 - Capital outlay certificates authorized--Issuance--Sale--Election--Maturity.
Section 13-16-7.2 - Maximum taxes--Pledge of taxes.
Section 13-16-7.3 - Maximum pledge of taxes--Limitations.
Section 13-16-7.4 - Maximum pledge of taxes--Transition.
Section 13-16-8 - Bond and certificate proceeds placed in capital outlay fund.
Section 13-16-9 - Expenditure of money from capital outlay fund.
Section 13-16-9.1 - Validation of prior school district contracts.
Section 13-16-9.2 - Five-year plan required when fund used to construct new facilities or additions.
Section 13-16-9.3 - Public hearing for use of capital outlay fund--Notice.
Section 13-16-13 - Tax proceeds paid into bond redemption fund--Purposes for which used.
Section 13-16-14 - Restriction on transfers from bond redemption fund.
Section 13-16-15 - Designation of depositories for school district--Resolution.
Section 13-16-15.1 - Domestic savings and loan associations as official depositories--Restrictions.
Section 13-16-18.1 - Domestic federal credit union as public depository--Requirement.
Section 13-16-19 - Custodial funds--Stewardship--Designation of employee--Surety bond.
Section 13-16-21 - Custodial funds--Monthly and annual reports--Audits.
Section 13-16-24 - Unlawful contracts and warrants void.
Section 13-16-26 - Transfers between school district funds.
Section 13-16-26.2 - Transfers from general fund--Prohibited--Exceptions.
Section 13-16-28 - Audit of school district books called by state, school board, or voters.
Section 13-16-30 - Title VIII of the Elementary and Secondary Education Act fund.
Section 13-16-31 - Transfers from Title VIII fund.
Section 13-16-32 - Special education fund--Legal costs allowable expenditures.